Selling a Business - Attorney


Whether you are selling a successful business, or simply exiting from the business and you want to sell your assets and move on, the advice of an business law attorney can ensure there are no loose ends. The Law Office of Brian V Powers work with businesses of all sizes to protect the financial interests of business owners and to minimize the risks involved in the selling a business.

What are your goals?

Before you seek a buyer for your business, it's advisable to take some time to understand your goals for the sale. Do you want a family member to move into a management role? Or possibly take over the family business by buying you out? Do you still wish to have a role in the business, perhaps as a shareholder? Are you simply looking for cash - and you need to sell some of the assets of the business?

Finding a Value for Your Business.

To begin the process of selling a business, a clear understanding of the value of the business and its assets is necessary. Real property has value, but so does the customer list and the goodwill a company has developed over time. Attorney Brian V Powers works with financial analysts to help clients understand the full value of their business.

The Purchase Agreement

Once there is a complete picture of your goals for the sale and the value of your tangible and intangible business assets, these factors form the basis of the purchase agreement. The purchase agreement defines what aspects of the business you are selling, whether it be the assets of the business (via an asset purchase agreement), the stock (via a stock purchase agreement), the customer list, or the goodwill of the company.

Indiana attorney Brian Powers can advise you through the sale of your business.  Contact us for more information.

 

See Also:

  • Small Business Attorney
  • Corporate Finance Law
  • Buying a Business
  • M&A - Mergers and Acquisitions
  • Private Placements